2026-01-14 20:45:12

If the recent index trend continues to weaken, the technology sector may face significant adjustment pressure, and a retracement of more than 10% is not impossible. Whether the current key level can hold depends on whether it can break through the previous high — this is the dividing line between bulls and bears.

The recent performance of the Hong Kong stock market has attracted attention. Although it’s hard to summarize briefly, clues can be seen from the behavior of local investors: according to friends in Hong Kong, retail investor enthusiasm for opening accounts is unusually high, and even middle-aged investors are jumping on the bandwagon. This increased participation itself is an interesting signal.

Interestingly, the truly expensive stocks have never been those top-tier companies. Based on today’s valuations, Alibaba and Tencent are not considered sky-high. The stocks that often skyrocket are those with vague concepts and chaotic fundamentals — they are the ones truly overextended. This kind of differentiation is worth paying close attention to.

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FromMinerToFarmer

· 6h ago

Retail investors and aunties entering the market should be on alert; this is not a bottom signal but a signal of being caught holding the bag. This wave in Hong Kong stocks is really just a drama of concept stocks; Alibaba and Tencent have instead become value gaps. If they can't break through previous highs, tech stocks still have to fall; a 10% pullback is definitely not the ceiling. Aunties following the trend are often the ones who should be running the fastest; this round in Hong Kong stocks is a bit uncertain. The chaotic fundamentals of these miscellaneous armies are indeed not far from a blow-up; it's truly astonishing that some are still hyping it. If key positions can't hold, the story that follows will most likely not be pleasant. Top companies are actually becoming cheaper, which is quite ironic.

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GateUser-75ee51e7

· 6h ago

The signal for Auntie entering the market is indeed perfect, always the prelude to chopping up retail investors. A 10% pullback is nothing; I've already mentally prepared for it. Those concept stocks are really outrageous; despite terrible fundamentals, they still hit the daily limit, hilarious. Can Hong Kong stocks hold steady above the previous high this wave? It's a bit uncertain. Top companies are actually becoming cheaper; this market is truly a contrarian indicator. Retail investor enthusiasm is high, but I'm worried about them taking the fall; feels painful. The tech sector seems to be adjusting this week; who is still adding positions?

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ReverseTradingGuru

· 6h ago

I'm confident in this signal for the entry of the aunties. Every time retail investors rush in together, it's never a good sign... This wave in the Hong Kong stocks is really a game of the bagholders; the top stocks are actually safe. Technology sector down 10%? It was long overdue. Those unknown, miscellaneous stocks definitely need to be cleaned out. If it can't break through, just let it fall directly. No more hesitation. Alibaba and Tencent are ridiculously cheap, yet those trash concept stocks are being pumped up into monsters. The divergence is so obvious, how can some people still not see it? The arrival of the aunties signals full of danger. I trust this analysis. Just waiting to buy the dip in those truly valuable companies.

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MerkleDreamer

· 6h ago

Are the aunties all starting to enter the market? Then it's not far from a wipeout, haha. It's uncertain whether it can break through the previous high, it feels like there will be some volatility for a while. The concept stocks and those miscellaneous teams are really crazy. My friend got caught directly, and now he's cursing every day. This wave of Hong Kong stocks is really strange. The high enthusiasm of retail investors actually makes me more cautious. Alibaba and Tencent's valuations are actually okay, but the problem is no one dares to buy. The current correction might be larger than expected; I have already cut my position in half. It looks like I need to wait for a bottom signal. Entering now would be like catching a flying knife.

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TokenVelocityTrauma

· 6h ago

When grandma enters, she has to run, that's the ironclad rule, buddy.

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